The local new-vehicle market has been hit with a fresh round of price increases, including price revisions from Toyota South Africa Motors. The latter hike – which came into effect on 1 July 2023 – has resulted in the top-spec version of the Toyota Hilux breaching the R1-million mark.
Yes, the Hilux 2.8 GD-6 4×4 Legend RS 6AT double cab – which generates peak outputs of 150 kW and 500 Nm – is now priced from R1 003000, marking the first time Toyota SA Motors has listed a new Hilux for 7 figures. Before the increase, the top-spec Hilux was priced from R973 800. For the record, the 39-strong Hilux range – which has long held the title of South Africa’s best-selling vehicle and is set to gain mild-hybrid assistance in 2024 – now starts at R356600 (for the base single cab) and runs through to the above figure.
The local line-up includes 6 double-cab derivatives positioned on the far side of R900000, including the Hilux 4.0 V6 4×4 Legend (R900900), Hilux 2.8 GD-6 4×4 Legend 6AT (R901400), Hilux 2.8 GD-6 4×4 GR-Sport (R945600), Hilux 2.8 GD-6 Legend RS 6AT (R949600) and Hilux 2.8 GD-6 4×4 Legend RS (R965100). In addition, the most expensive Land Cruiser 79 – the venerable 4.5D-4D LX V8 double cab – now starts at R998500.
The Hilux 2.8 GD-6 4×4 Legend RS 6AT DC has joined the list of R1-million-plus bakkies.
Of course, the flagship Hilux is by no means the only 7-figure bakkie in South Africa, with the Volkswagen Amarok 2.0 BiTDI PanAmericana 4Motion (R1 006700), Ford Ranger 3.0 V6 Wildtrak 4WD (R1 026400), Amarok 3.0TDI V6 PanAmericana 4Motion (R1 084600), Amarok 3.0TDI V6 Aventura 4Motion (R1 138200), Ranger 3.0 V6 EcoBoost Raptor 4WD (R1 184100) and Jeep Gladiator 3.6 Rubicon (R1 329900) all also members of the R1-million-plus bakkie club.
A number of Toyota SA Motors’ products have been handed price hikes from 1 July, with the Prospecton-built Corolla Cross now kicking off at R404400 and the new GR Corolla now starting at R841000, for instance. Recently launched models such as the Vitz and Urban Cruiser, however, have been spared.
We also noticed general price increases from a few other brands, including Kia Motors South Africa and Ford Motor Company of Southern Africa. The Blue Oval brand’s Ranger line-up thus now starts at R494400 (for the Ranger 2.0 SiT XL manual single cab) and runs through to R1184100 (for the aforementioned Raptor).
According to TransUnion’s Q1 2023 report, South Africa’s new-vehicle price increases were “below inflation” in the opening quarter of the year, although the company added “this is forecasted to increase in the upcoming months”.
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